The country’s first integrated machine tool industry park (IMTP) is set to come up near Bengaluru. The Indian Machine Tool Manufacturers’ Association (IMTMA), an apex body of machine tool makers, had conceived the idea of setting up the park and has chalked out a blue print for its execution. The IMTMA has entrusted the task of preparing the detailed project report (DPR) to IL&FS, which is expected to be ready shortly. The park will be a cluster of machine tool builders, makers of accessories, c